Telesystem announced today that it has acquired ThreatProtector, a cybersecurity provider based in New Mexico. ThreatProtector provides businesses with a comprehensive cybersecurity portfolio, including security awareness training, device endpoint protection and managed security operations center (SOC). The acquisition strengthens Telesystem’s entry into the growing cybersecurity market, which is forecasted to reach nearly $300 billion by the end of 2027. Terms of the transaction were not disclosed.
Founded in 2019, ThreatProtector provides best-in-class cybersecurity services in the United States via direct inbound web marketing and the technology brokerage channel community. Executives Carl Katz and Ira Feuerstein, who will join Telesystem as part of the transaction, are veterans in the technology brokerage channel and were quickly able to gain brand awareness and a strong pipeline of active partners from their years of solid relationships.
“We were looking for a startup business in the cybersecurity sector that had a solid business plan and the momentum that could lead to breakthrough growth when combined with existing Telesystem resources,” said Telesystem President John Martin. “Beyond that, their channel-heavy sales model and existing partnerships fit perfectly into our revenue strategy, and Carl and Ira have extensive experience in the technology brokerage channel and will be key contributors to our combined team.”
Combining the strengths of Telesystem and ThreatProtector will bring current and prospective Telesystem customers cybersecurity protection options on top of Telesystem’s award-winning voice, networking and managed security services. Beyond ThreatProtector’s suite of cybersecurity services, Telesystem also will offer consultative services including penetration testing, threat mitigation planning and risk analysis.
“I am extremely excited to have ThreatProtector join the Telesystem organization,” said Katz, Threat Protector SVP of Worldwide Partner Sales. “It’s rare in the technology industry to find a company that shares the same focus and core values as your own. Telesystem has been a respected name in our industry for over 25 years by providing amazing customer and partner experiences. This acquisition will serve to scale Threat Protector by adding the sales and support resources of the combined team.”
Telesystem is acquiring all of ThreatProtector’s U.S.-based customers, sales agents agreements and vendor contracts, and the Threat Protector brand will be used moving forward to market Telesystem’s Cybersecurity product portfolio. Telesystem will showcase Threat Protector’s innovative security solutions at the MSP Summit, Sept 13-16, in Orlando, Fla.
To learn more, visit telesystem.us or visit threatprotector.com
